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Showing 1491 - 1500 of 7108 results for "December"

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

ASIC pursues criminal charges in super

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... Statewide Super, ASIC is seeking pecuniary penalties, alleging the funds breached the Corporations Act and ASIC Act. In December 2020, the Financial Sector Reform (Hayne Royal Commission Response) Bill was passed, delaying the ban on super trustees using ...

Challenger names new head of life unit

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... of life, vacating her current role of chief executive of distribution, product and marketing, which she has held since December 2018. Murphy started out in human resources and moved onto sales roles over her nine-year tenure at the ASX-listed firm. She ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... In March 2020 the AMP Capital Ethical Leaders Balanced Fund had just under $1 billion in funds under management, as of December the fund reported $435 million in FUM. Mercy Super pulled its mandate from the fund on 15 February 2021, rolling member assets ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... Global GDP growth is now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD Economic Outlook. World output is expected to reach pre-pandemic levels by mid-2021 but much will depend on the race between ...

Perpetual promotes on Aussie equities team

KANIKA SOOD  |  TUESDAY, 9 MAR 2021
... investors. The wholesale version of the long-short fund has been running since 2003 and had $760 million in total assets at December end. The smaller companies fund's wholesale version had $631 million in assets and has been running since 1996. The ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... oil prices). The again, the current rig count remains significantly below the most recent peak of 887 rigs recorded in December 2018 and shouldn't significantly affect supply in the near term.

Fidante strikes new partnership

KANIKA SOOD  |  FRIDAY, 5 MAR 2021
... Fidante Partners ended 2020 with an average FUM of $71.8 billion, after picking about $5.8 billion in net inflows in the December half. Of the inflows $3.9 billion were institutional and $1.9 billion were retail. About half of this FUM is from fixed ...

Australian recovery has been outstanding: La Trobe Financial

ELIZA BAVIN  |  THURSDAY, 4 MAR 2021
... increasingly obvious that virtually every data print was coming in well ahead of expectations," he said. "Even yesterday's December quarter GDP coming in a 3.1%, ahead of consensus of 2.5%. So, there was a lot of skepticism about [the recovery] right ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... The Australian Bureau of Statistics' (ABS) National Accounts show the Australian economy expanded by 3.1% in the December 2020 quarter, a bit slower than the upwardly revised 3.4% quarterly rate in the three months to September 2020 but all the same ...